Industry associations membership

In their capacity as recognised representatives of the asset management industry, industry associations have an important mission to look after the collective interests of management companies and fund savers alike in all dealings with the public authorities and legislature.

These organisations are a centre of excellence for the development of knowledge and understanding of the industry which helps to maintain and enhance its reputation and standing.

Member since 1995

With its head office located in Stavanger, Norway, SKAGEN Funds has been a member of the Norwegian Mutual Fund Association (VFF) since 1995. We subsequently also joined the Swedish Investment Fund Association (FBF) after Sweden became a home market in 2004.

Today, SKAGEN is authorised to market its funds in Norway, Sweden, Denmark, Finland, Iceland, the Netherlands, Luxembourg, the UK, Switzerland, Belgium, Germany, Ireland and France. We are currently members of the following associations:

• Federation of Danish Investment Associations (IFR)
• Dutch Fund & Asset Management Association (DUFAS)
• Association of the Luxembourg Fund Industry (ALFI)
• The Investment Association (IA) and New City Initiative (NCI) in the UK
• Swiss Funds and Asset Management Association (SFAMA)
• Belgian Asset Managers Association (BEAMA)
• German Investment Funds Association (BVI)
• The French Asset Management Association (AFG).

Active involvement in Europe

Since the scope of action for national legislators is becoming more and more determined at a European level, SKAGEN is also an active member of the European Fund and Assets Management Association (EFAMA).

Its close contacts with the regulatory authority, the government and the legislative body allow EFAMA to contribute to shaping regulation by bringing valuable input when there is need to adapt the regulatory framework, adopt a new European Directive or create a specific regulatory framework for new products or services.

Influencing the environment - to the benefit of our clients

One important advantage to being a member of industry associations is that it allows us to closely monitor developments in the fund industry and provides us with the opportunity to influence and improve the legal, fiscal and regulatory environment for the investment management industry and to the benefit of our clients.

Moreover, the industry associations promote high standards of ethics, integrity and professionalism throughout the industry by developing codes of conduct, ensuring transparency and good corporate governance as well as supporting efforts to fight financial crime.